Welcome to our dedicated page for 374Water news (Ticker: SCWO), a resource for investors and traders seeking the latest updates and insights on 374Water stock.
374Water Inc. (NASDAQ: SCWO) is a global industrial technology and services company focused on wastewater treatment and waste management for industrial, municipal, and federal markets. News about 374Water frequently centers on its AirSCWO supercritical water oxidation technology, which is designed to destroy and mineralize a broad spectrum of non-hazardous and hazardous organic wastes, including PFAS and other persistent contaminants.
On this page, readers can follow company announcements related to project awards, technology deployments, and service contracts. Recent news has highlighted Waste Destruction Services projects for PFAS destruction in biosolids and water treatment residuals in Minnesota, PFAS-focused work with the City of Cedar Rapids in Iowa, and a contract with the State of North Carolina to destroy Aqueous Film-Forming Foam using AirSCWO systems. Updates also cover equipment orders such as the sale and deployment of an AirSCWO 6 system and associated pre-treatment and dewatering system to the City of Olathe, Kansas.
Investors and industry observers can track governance and capital markets developments, including leadership changes, board appointments, reverse stock split actions, and communications regarding Nasdaq listing compliance. Earnings releases and operational updates provide insight into the progress of Waste Destruction Services, collaborations with partners such as Crystal Clean and TSDF operators, and the commercialization of AirSCWO technology.
By monitoring this news feed, users can see how 374Water’s technology is being applied in real-world municipal, industrial, and state-led initiatives aimed at addressing PFAS and complex organic waste streams, as well as key corporate events that may influence SCWO stock and the company’s strategic direction.
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374Water has partnered with Forever Water Ecuador to implement the AirSCWO™ technology in Ecuador, addressing the urgent need for improved sanitation where 14% of the population lacks basic services. This joint initiative aims to provide sustainable waste management solutions in urban and rural areas, aligning with the United Nations' Sustainable Development Goal 6 on clean water and sanitation. The AirSCWO™ technology converts waste into recoverable resources like water and energy, promoting environmental health and economic growth in the region.
374Water (NASDAQ: SCWO) announced its participation in WEFTEC 2022, taking place from October 8-12 in New Orleans. The company will showcase its AirSCWO™ Technology, designed to effectively eliminate PFAS and other contaminants from wet wastes like sludges and biosolids. Doug Hatler, Chief Revenue Officer, emphasized the technology's emerging importance in addressing global PFAS contamination. The event is a significant platform for water and wastewater professionals to explore innovative solutions and technologies.
374Water Inc. (NASDAQ:SCWO) announced that CEO Kobe Nagar will participate in the Goldman Sachs Water Symposium on September 28, 2022, at 3:00 p.m. ET in New York. The symposium will focus on:
- The state of the US water and wastewater industry,
- Investment opportunities in water infrastructure and quality,
- The future of water and technology,
- Water within the ESG investment framework.
374Water's innovative AirSCWO technology transforms waste into recoverable resources while eliminating harmful pollutants, promoting a sustainable circular economy.
374Water Inc. (NASDAQ: SCWO) reported significant progress in its Q2 2022 business update. Revenue surged to $1.03 million, a remarkable 6,958% increase from $14,600 in Q2 2021. The company advanced the AirSCWO™ 6 system's development and began manufacturing its first commercial unit, expected for completion in Q4 2022. Additionally, 374Water established its first global subsidiary in Israel and entered a Memorandum of Understanding with Midway for wastewater management systems. Despite a net loss of $1.2 million, total cash and investments stood at $10.1 million as of June 30, 2022.
374Water Inc (Nasdaq:SCWO) announced the hiring of Sudhakar Viswanathan as Vice President of Sales to lead U.S. efforts for its innovative AirSCWO™ systems. With over 20 years of experience in water and waste management, Viswanathan's expertise is expected to accelerate growth in the wastewater sludges and biosolids markets. The AirSCWO™ technology offers a sustainable solution for waste treatment, converting waste into recoverable resources while reducing costs. 374Water aims to pioneer sustainable waste management, supporting environmental and governance goals.
374Water Inc. (NASDAQ:SCWO) will ring the Opening Bell at Nasdaq MarketSite on July 1, 2022, celebrating its listing milestone.
CEO Kobe Nagar will be joined by the team and strategic partners during the ceremony, emphasizing the company's commitment to environmental solutions. 374Water's technology, AirSCWO™, transforms waste into clean water, energy, and minerals, targeting pollutants like PFAS and microplastics. The event starts at 9:15 a.m. EST with the Opening Bell at 9:30 a.m. EST, highlighting 374Water’s mission in sustainable waste management.
374Water Inc. (NASDAQ:SCWO) has announced the appointment of four new independent directors to its Board of Directors: the Honorable BJ Penn, Rene Estes, Itzik Polad, and Jim Vanderhider. This strategic move aims to strengthen the company’s governance and enhance its mission in sustainable waste management. Notably, the new board members bring extensive experience across various sectors, including military, finance, and technology. CEO Kobe Nagar expressed pride in forming a diverse board that aligns with 374Water's sustainability goals.
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